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NEWS
Law360: The government has criticised the proposed amendments in the Pension Schemes Bill on pre-1997 pension increases in the Pension Protection Fund (PPF) and the Financial Assistance Scheme (FAS) as unworkable.
NEWS
On 23 February 2026, the House of Lords Grand Committee (Grand Committee) held its 8th and final sitting on the Pension Schemes Bill (the Bill) where the Bill was reported with amendments and republished. Grand Committee proceedings have now concluded, and the Bill moves to the Report Stage with dates yet to be scheduled.
NEWS
Law360, Expert analysis: The long-awaited Pension Schemes Bill was presented to Parliament on 5 June 2025 and its progression through Parliament is expected to generate significant debate, particularly around controversial provisions relating to scheme funding requirements and regulatory enforcement powers. Claire Dimmock, professional support lawyer at Squire Patton Boggs (UK) LLP, notes that the Bill represents 'the most comprehensive overhaul of pension legislation in recent years'.
NEWS
HM Revenue and Customs (HMRC) has published Pensions schemes newsletter 166 for January 2025. The newsletter includes articles on inheritance tax (IHT) on pensions consultation, tax codes for pensions, pension scheme returns, relief at source, lifetime allowance protection and enhancements, payment update on low earners anomaly, public service pensions remedy and pension flexibility statistics.
NEWS
HM Revenue and Customs (HMRC) has published Pensions schemes newsletter 167 for March 2025. The newsletter includes articles on managing pension schemes service, qualifying recognised overseas pension schemes (QROPS), lifetime allowance (LTA) abolition — lump sum reporting and relief at source.
NEWS
HM Revenue and Customs (HMRC) has published Pensions schemes newsletter 168 for March 2025. The newsletter includes articles on pension scheme return (PSR), drawdown pension tables, qualifying recognised overseas pension schemes (QROPS) and lifetime allowance protections and enhancements.
GLOSSARY
Registered pension schemes must submit certain information to the HMRC online only; there is no paper-based method (it was phased out in October 2007) (www.hmrc.gov.uk/pensionschemes/online-service.htm).
GLOSSARY
The Pensions Regulator maintains a register of occupational and personal pension plans including details of each scheme’s name and address, the full names and addresses of each trustee and the status of the scheme’s membership and benefits.
GLOSSARY
PSS is a department of HMRC which deals with the policy, operational and technical work relating to pension schemes (www.hmrc.gov.uk/pensionschemes/guidance.htm). The telephone number is 0845 600 2622.
GLOSSARY
Pension Schemes Services Forum, an HMRC user group which tries to get HMRC to simplify matters.
GLOSSARY
A part of the Department for Work and Pensions. Responsible for administering and paying the state pension.
GLOSSARY
Pension scheme members are able to trace lost pension schemes.